Accelerate Property Fund has agreed to sell Bosveld Mall in Bela Bela for R88 million, excluding VAT, as part of its ongoing portfolio repositioning strategy. The disposal supports debt reduction and reflects the group’s continued focus on Fourways Mall. The transaction, concluded at an implied yield of 8.6%, includes a short-term rental guarantee and follows earlier asset sales in the Fourways node.

The proposed US$100 million Mall of Zimbabwe marks a decisive vote of confidence in the country’s urban consumer economy. At 90,000m² GLA, it will be Zimbabwe’s largest single-phase mall in decades, signalling that patient, data-driven capital is returning. Led by McCormick Property Development with local partners, the project positions modern retail as lifestyle infrastructure and a catalyst for jobs, investment, and urban renewal that supports growth and long-term market resilience.

Sandton City has reached a remarkable 99.9% occupancy rate, affirming its position as Africa’s premier retail destination. The milestone follows two years of strategic repositioning, a curated tenant mix and operational excellence that have attracted leading global and local brands. With 50 new leases, 46 store upgrades and trading density growth of 12.1%, Sandton City’s strong demand, sustainability investments and customer-focused strategy continue to drive exceptional performance and long-term retail resilience.

Soshanguve Mall’s opening on 21 November 2025 marks a landmark moment for one of Gauteng’s most vibrant communities. Developed with deep local involvement, the mall created over 2,000 construction jobs and is set to unlock more than 3,700 permanent opportunities. With over 200 tenants and a design inspired by the area’s rich heritage, the development represents meaningful economic transformation and a new era of possibility for Soshanguve.

The Mall of Mthatha has been reborn through a R225 million redevelopment that transformed a once-distressed asset into the region’s dominant retail and lifestyle hub. Under the ownership of Vukile Property Fund and Flanagan & Gerard, the mall now boasts new brands, upgraded infrastructure, vibrant public spaces and meaningful community partnerships. Footfall, turnover and occupancy have surged, reflecting a centre redesigned around local identity, economic growth and long-term sustainability.

President Square Vaal Shopping Centre in Vanderbijlpark has officially reopened following a major redevelopment by the Bentel Group. The revitalised 31,000m² centre introduces 6,800m² of new retail space, 32 new stores, and sustainability upgrades including solar power. Anchored by the 13,800m² President Hyper, the mall now offers expanded fashion, food, and value retail options. The project created about 800 local jobs, redefining shopping in the Vaal region.

The R600-million Mushroom Farm Shopping Centre officially opened on 30 October 2025, bringing a new era of lifestyle convenience to the Kyalami–Waterfall node. Developed by Century Property Developments, the 27,000m² centre features over 50 curated tenants, including Checkers Hyper, Dis-Chem, and first-to-market brands like Mambos Storage and Home. With sustainable design, pet-friendly spaces, and a community piazza, Mushroom Farm blends retail, dining, and wellness in a modern village setting.

Lenasia’s new R230 million Lenz Quarter officially opened on 30 October 2025, introducing a fresh lifestyle-convenience retail experience to Johannesburg South. Developed by Luton Prop and managed by Retail Network Services, the 11 500 m² centre features 30 retailers including Checkers FreshX, Woolworths Food and Dis-Chem. With solar power, free Wi-Fi, and modern design by TJA Architects, Lenz Quarter blends leading brands and local independents in a vibrant, community-anchored shopping destination.

Jumbo Mall, a 37,000 m² retail destination developed by New Africa Developments in partnership with Investec, is set to transform eMalahleni’s urban landscape when it opens in March 2026. Designed as a modern, community-driven hub, the development combines sustainability, accessibility, and local economic growth—creating over 3,000 jobs and introducing a vibrant mix of retailers, eateries, and services that will redefine shopping and social spaces in the region.

Redefine Properties is investing R70 million to redevelop Park Meadows Shopping Centre in Johannesburg’s East Rand, enhancing convenience and expanding retail choice. The upgrade introduces Woolworths Food, WCafé, and WCellar, alongside an expanded Food Lover’s Market, strengthening the centre’s tenant mix. Access improvements, new parking bays, and a modern façade will elevate shopper experience. This initiative aligns with Redefine’s strategy to future‑proof its convenience‑led retail portfolio and sustain long‑term community relevance.